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A payday loan company charges 5 % interest for a two-week period. What would be the annual interest rate from that company? (Assume an even

A payday loan company charges 5 % interest for a two-week period. What would be the annual interest rate from that company? (Assume an even 52 weeks per year and enter your answer as a whole percent with the percent sign (Example: 110%) this is not the correct answer just an example.

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